Why Pre-Approval Is Even More Important This Year
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your
Looking for a Fixer-Upper? Here’s Where To Find Them—and How Much You’ll Pay
By Evan Wyloge Jan 29, 2024 In real estate, few types of homes stir up as much excitement mixed with a dash of fear as the so-called fixer-upper. Buying a property in need of repairs might seem daunting to some, but others with a stomach
Expert Quotes on the 2024 Housing Market Forecast
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and
What You Need To Know About Home Price News
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that
An Expert Provides Clarity in Today’s Housing Market
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert
Mortgage Rates Just Hit a 4-Month Low, But Do Buyers Even Care?
Mortgage rates are down again this week, which means things are looking up for homebuyers. The average rate for a 30-year fixed-rate mortgage ticked down 2 basis points to 6.13%, according to Freddie Mac, continuing a pattern of rates seesawing lower since topping
The Latest On Supply And Demand In Housing
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below
3 Surprising Reasons Home Sales Are Falling Through Today—and How Sellers Can Save the Deal
For the past few years, anyone who wanted to sell their home was pretty much guaranteed a buyer, but that’s no longer the case. During the height of the COVID-19 pandemic, a seller’s market reigned, where buyers would do just about anything to
Top Reasons Homeowners Are Selling Their Houses Right Now
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking
Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay